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The latest announcement is out from Horizon Minerals Ltd ( (AU:HRZ) ).
Horizon Minerals Limited has reported exceptional high-grade drill results from its Phase 1 drilling program at the Burbanks gold project. The results, including a remarkable intersection of 0.3m at 5,848g/t Au, underscore the project’s potential to expand high-grade gold resources. This development is pivotal for Horizon’s strategy to enhance high-margin gold feed to its Black Swan processing plant, potentially impacting its market positioning and stakeholder value.
The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.
More about Horizon Minerals Ltd
Horizon Minerals Limited is a mining company focused on gold exploration and development. It operates primarily in the Western Australian Goldfields, with a key project being the high-grade Burbanks gold project.
Average Trading Volume: 919,625
Technical Sentiment Signal: Buy
Current Market Cap: A$205.5M
For an in-depth examination of HRZ stock, go to TipRanks’ Overview page.